MARI invest

[Prohere7321]

MIG NAV Price decreases for Monday (or whenever the next business day), around 1.1371.

Last announced 120226 NAV Price of MIG (1.1588).

Unannounced 130226 estimated NAV Price of MIG (1.1371).

 

[Prohere7321]

Unannounced 160226 estimated NAV Price of MIG is around 1.1455.

 

[Jirachi]

I look forward to what you will say when the gold price eventually corrects.

Lmao. It happened

 

[Jirachi]

Has anyone gotten your bonus unit from the MIG promotion?

 

[pratik28]

Hi Gurus , am newbie to digital / paper gold or ETFs , Mutual Funds , etc.

So there is ,
Maribank Gold Invest , expense ratio 0.5%
Spdr Gold ETF sgd , expense ratio 0.4%.
So is 0.1% the only difference between the 2 options?
is there any other cost consideration , spread difference , etc?

Than there is UOB gold savings a/c too with a spread of 0.5% plus annual fee of 0.25%.
And OCBC precious metal a/c with a much higher spread of about 1.5% to 2% but no annual fees.

 

[wutawa]

Hi Gurus , am newbie to digital / paper gold or ETFs , Mutual Funds , etc.

So there is ,
Maribank Gold Invest , expense ratio 0.5%
Spdr Gold ETF sgd , expense ratio 0.4%.
So is 0.1% the only difference between the 2 options?
is there any other cost consideration , spread difference , etc?

Than there is UOB gold savings a/c too with a spread of 0.5% plus annual fee of 0.25%.
And OCBC precious metal a/c with a much higher spread of about 1.5% to 2% but no annual fees.

features of mari invest gold (unit trust):
- mari → lionglobal → standchart → le freeport → gold
- track lbma gold price am
- sgd hedged, unaffected by fx rate
- only 1 unit price upon closing on each trading day, no spread
- unit price announced usually 1 day after
- order proccessing: buy 2 days, sell about 4 days
- min order $1
- annual management fee 0.5%
- no sales charge, withdrawal fee, holding fee (no other fees)

 

[jinsatkilife]

for mari invest saveplus, i put in order to buy before 23:59, until now still havn't process

is it due to CNY holiday so all txn will be pause til 19 Feb?

 

[~sabaisabai~]

for mari invest saveplus, i put in order to buy before 23:59, until now still havn't process

is it due to CNY holiday so all txn will be pause til 19 Feb?

When did you place?
Yes due to PH. weekends also no transaction

 

[alanchia67]

for mari invest saveplus, i put in order to buy before 23:59, until now still havn't process

is it due to CNY holiday so all txn will be pause til 19 Feb?

You should receive in the app telling you the order submit time, order confirmation time and returns tracking. Due the PH the order confirmation will be late (19? 20?)

 

[wutawa]

for mari invest saveplus, i put in order to buy before 23:59, until now still havn't process

is it due to CNY holiday so all txn will be pause til 19 Feb?

lionglobal as OCBC doesn't work during sg pH. your order will be processed on 19 Feb as stated on your Mari app.

 

[Prohere7321]

Unannounced 160226 estimated NAV Price of MIG is around 1.1455.

Unannounced 170226 estimated NAV Price of MIG is around 1.1265.

 

[Jirachi]

I see no one talking about the bonus units promotion for MIG?

 

[pratik28]

features of mari invest gold (unit trust):
- mari → lionglobal → standchart → le freeport → gold
- track lbma gold price am
- sgd hedged, unaffected by fx rate
- only 1 unit price upon closing on each trading day, no spread
- unit price announced usually 1 day after
- order proccessing: buy 2 days, sell about 4 days
- min order $1
- annual management fee 0.5%
- no sales charge, withdrawal fee, holding fee (no other fees)

Interesting fx hedge ,
I dont think ETFs or ocbc , BSP , uob , etc have this feature.

But I asked AI , from 5th Dec (Maribank Gold start) until Feb 12 the app show profits of 15.88%
v/s why is it lesser than the actual spot price increase of Gold.


1. Spot Rate Increase (Dec 5 – Feb 12)
During this exact period, the global spot price of gold (in USD) increased by approximately 18.3%.
Dec 5, 2025 Price: ~$4,205 /oz
Feb 12, 2026 Price: ~$4,974 /oz

2. MariBank (LionGlobal Fund): This is a Unit Trust. The 15.9% is the Net Asset Value (NAV). This number has already deducted three things:

Management Fees: (~0.50% p.a.) deducted daily.
Cash Drag: The fund keeps some cash for redemptions, so it never moves 100% perfectly with gold.
Hedging Costs: To keep your account "Hedged," the fund manager must buy "Forward Contracts." In late 2025/early 2026, the cost of these contracts (due to the interest rate gap between the US and Singapore) was roughly 0.2% to 0.3% per month. Over 2.5 months, that’s about 0.6% of your profit gone just to maintain the hedge.

In short: You are also paying for "insurance" (the hedge) on MariBank , the cost is baked into the fund.

 

[pratik28]

Bullionstar BSP is not bad too ,
yes they have a price premium , spread of 4% approx during buy Entry but when we sell Exit , its at spot price.
Unlike OCBC take lower spread twice during buy and also during sell ,
while BSP takes higher spread during Entry only.

BSP management fee of 0.09% pa is resonable too.
And eventually can exchange for 100g gold bar at no additional cost.

Just some interesting observations!

I guess all have their pros&cons , what also matters is ease of use , flexibility , reliability apart from cost factor.

 

[wutawa]

I see no one talking about the bonus units promotion for MIG?

i received inbox msg on 3 feb that all eligible customers will be notified by end of feb. until then, we can only wait.

 

[wutawa]

Interesting fx hedge ,
I dont think ETFs or ocbc , BSP , uob , etc have this feature.

But I asked AI , from 5th Dec (Maribank Gold start) until Feb 12 the app show profits of 15.88%
v/s why is it lesser than the actual spot price increase of Gold.


1. Spot Rate Increase (Dec 5 – Feb 12)
During this exact period, the global spot price of gold (in USD) increased by approximately 18.3%.
Dec 5, 2025 Price: ~$4,205 /oz
Feb 12, 2026 Price: ~$4,974 /oz

2. MariBank (LionGlobal Fund): This is a Unit Trust. The 15.9% is the Net Asset Value (NAV). This number has already deducted three things:

Management Fees: (~0.50% p.a.) deducted daily.
Cash Drag: The fund keeps some cash for redemptions, so it never moves 100% perfectly with gold.
Hedging Costs: To keep your account "Hedged," the fund manager must buy "Forward Contracts." In late 2025/early 2026, the cost of these contracts (due to the interest rate gap between the US and Singapore) was roughly 0.2% to 0.3% per month. Over 2.5 months, that’s about 0.6% of your profit gone just to maintain the hedge.

In short: You are also paying for "insurance" (the hedge) on MariBank , the cost is baked into the fund.

my chart opens up gradually even though i tried to play cheat. hehe

 

[Prohere7321]

MII NAV Price decreases for today, to 9.59. Date of NAV Price is 170226, not a holiday in US.

 

[pratik28]

my chart opens up gradually even though i tried to play cheat. hehe

i just check ah and am suprise that Bullionstar BSP have higher profits during the same period (they have price graph too) ,
especially considering they have 4% entry premium spread , so I thought profits would be lower.

I guess its not just about fees and spread , its also the fact that prices fluctuate throughout the day.
So depending on our Entry timing , ocbc maribank bullionstar , etc all can be a winner haha

 

[alanchia67]

I see no one talking about the bonus units promotion for MIG?

Lock in is 28Dec-31Jan. No sell transaction during the period. Bonus credit within 1mth after promo end for first 5K customers, I assume the payout will be end Feb. We were discussing on this during the promo.

 

[Prohere7321]

Lock in is 28Dec-31Jan. No sell transaction during the period. Bonus credit within 1mth after promo end for first 5K customers, I assume the payout will be end Feb. We were discussing on this during the promo.

I did my first sell transaction of $48 already in February, so should still be eligible. Now waiting for tomorrow for the money to come.